Fixed asset
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 March 2013
If there is credit balance of building fund standing in the liability side of our books, then what will be the accounting entry if we have to purchase building this year.
CA Suraj Lakhotia
(Expert)
11 March 2013
Dr Building and Cr Bank
Dr Building Fund and Cr General Fund
Dr Building Fund and Cr General Fund
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